Energy Dept. offered to put private investors ahead of taxpayers if Solyndra went bankrupt

By Ronnie Greene

Email trail shows Energy Department offered to put investors first if Solyndra collapsed

Excerpts from this story referencing "Solyndra":

"… mpany executive.Solyndra’s announcement came Nov. 3. …"

"… tor aside with a last-ditch pitch: If investors raised $75 million to help Solyndra stay afloat, they would be first to collect if the fledgling firm went ban …"

"… afloat, they would be first to collect if the fledgling firm went bankrupt.Solyndra did shut its doors this year, and now those investors, including a bundler …"

"… in line in bankruptcy proceedings. The Energy Department, which supported Solyndra with a $535 million loan guarantee even as auditors, analysts and governme …"

Chu denies 'undue political influence' in Solyndra loan

By Matthew Mosk

Energy Secretary Steven Chu tells Congress he is surprised and dismayed by suggestions of undue influence behind Solyndra loan

Excerpts from this story referencing "Solyndra":

"… yed to see emails surface suggesting his department "pushed very hard" for Solyndra to delay announcing its first round of layoffs until after the midterm ele …"

"… r felt pressure from the White House or from Obama campaign donors to pick Solyndra for a $535 million loan. The government-supported solar-panel manufacturer …"

"… federal investigations."I want to be clear," Chu said. "Over the course of Solyndra's loan guarantee, I did not make any decision based on political considera …"

"… sion based on political considerations. My decision to guarantee a loan to Solyndra was based on the analysis of experienced professionals and on the strength …"

DOE needs better risk management

By Ronnie Greene and Matthew Mosk

In light of loans to companies like Solyndra, DOE needs better risk management of companies receving loans

Excerpts from this story referencing "Solyndra":

"… ma administration’s failed $535 million investment in upstart solar firm Solyndra, which declared bankruptcy last fall.But the review never directly address …"

"… hich declared bankruptcy last fall.But the review never directly addresses Solyndra’s failure, or another DOE-backed green energy venture that went bankrupt …"

"… y for Financial Stability, writes that he “did not evaluate the loans to Solyndra and Beacon” because those companies have already failed.He also notes th …"

"… he ranking Democrat on the House committee that has been investigating the Solyndra financing and the loan program more broadly, also greeted the report as a …"

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Energy-backed firms award bonuses, file bankruptcy

By Ronnie Greene and Matthew Mosk

The DOE financed green energy companies that later fell into bankruptcy — but not before the firms awarded big executive bonuses

Excerpts from this story referencing "Solyndra Inc.":

"… s environmental mission, already under scrutiny following the collapse of Solyndra Inc., the first recipient of an Obama green energy loan.Solyndra, bankruptcy re …"

Department of Energy knew of Solyndra risks, former FBI agent finds

By Ronnie Greene

Department of Energy knew the risks of backing Solyndra Inc. with a half-billion dollar loan, a former FBI agent found.

Excerpts from this story referencing "Solyndra Inc.":

"… t comment. …"

Treasury Department review of Solyndra loan was rushed, report says

By Chris Hamby

Energy Department didn't involve Treasury Department until loan to now-bankrupt company was largely finalized, report says

Excerpts from this story referencing "Solyndra":

"… t's review of the $535 million loan to now-bankrupt solar panel maker Solyndra, triggering a rushed consultation that may have left concerns unresolved, …"

"… iews and ignored warning signs echo previous iWatch News reporting on Solyndra.The loan, originally touted as a model of President Obama’s green energy …"

"… The Treasury report echoes what our investigation has shown over and over; Solyndra was a bad bet from the beginning that was rushed out the door while every …"

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Solyndra loan guarantee 'a bad bet from the beginning,' GOP report says

By Alice Su

The Department of Energy knew a $535 million loan guarantee to the failed solar-panel maker was risky, a House report says.

Excerpts from this story referencing "Solyndra Inc.":

"… rtment of Energy knew its $535 million loan guarantee to solar-panel maker Solyndra Inc. was “a bad bet from the beginning” but was “determined to make Solyn …"

Center, ABC win Emmy Award for Solyndra investigation

By The Center for Public Integrity

The Center and ABC News were honored Monday for an investigation exposing flaws in a federal green energy program.

Excerpts from this story referencing "Solyndra Inc.":

"… tracts. The coverage detailed breakdowns in the award to solar panel maker Solyndra Inc., which later filed for bankruptcy, and examined connections between Obama …"

Daily Disclosure: Let the debate spin begin

By Rachael Marcus

Democratic and Republican spending groups attack presidential candidates' debate performances.

Excerpts from this story referencing "Solyndra":

"… ry got two Web videos out after the debate: “Not So Fast: Romney’s Own Solyndra” and “I Left My Heart in Grand Cayman.”The first shows a clip from t …"

"… partment of Energy loans. The failure of one loan recipient, solar company Solyndra*, caused a scandal when it was reported that the company’s investors wer …"

Energy Department auto loan program sputters

By Ronnie Greene

A $25 billion Department of Energy loan program has not closed a loan in two years amid the specter of Solyndra.

Excerpts from this story referencing "Solyndra":

"… d is likely to leave two-thirds of the money unspent amid fallout over the Solyndra debacle and other factors. Those findings, revealed Friday in a U.S. Gove …"

"… sitant to seek Energy Department funding. One factor: The ghost of DOE’s Solyndra debacle continues to hover over the program. Solyndra, the first green en …"

"… he ghost of DOE’s Solyndra debacle continues to hover over the program. Solyndra, the first green energy loan guarantee unveiled by the Obama administratio …"

"… thout all due diligence in hand, putting taxpayers at risk. Later in 2011, Solyndra shuttered its California headquarters and filed for bankruptcy. The FBI a …"

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